Goldstrike Announces Court Approval of Plan of Arrangement
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TSX-V: GSR
APRAF.PK
Frankfurt: KCG1
GOLDSTRIKE RESOURCES LTD.
1010 - 1130 West Pender Street
Vancouver, British Columbia
Canada, V6E 4A4
Telephone: 604 681 1820
Facsimile: 604 681 1864
IR: 604 210 2150
GoldStrikeResources.com
GOLDSTRIKE ANNOUNCES COURT APPROVAL OF
PLAN OF ARRANGEMENT
July 30, 2018 – Goldstrike Resources Ltd. ("Goldstrike" or the "Company") (GSR.V) is
pleased to announce that the Supreme Court of British Columbia has granted a final order
approving the previously announced plan of arrangement (the "Arrangement").
Completion of the Arrangement is subject to the satisfaction of customary closing conditions,
including approval by the TSX Venture Exchange.
As part of the Arrangement, among other things:
Luckystrike Resources Ltd. (" Luckystrike"), a wholly -owned subsidiary of the
Company, will indirectly acquire the Company's six 100% owned White G old District
properties, being the Lucky Strike , Hotspot, Bull's Eye , BRC, Gold Source and King's
Ransom properties;
Goldstrike shareholders will receive one common share of Luckystrike (a "Luckystrike
Share") for every seven common shares of Goldstrike held; and
Holders of Goldstrike options and warrants will exchange such securities for new options
and warrants of Goldstrike and Luckystrike, which are exercisable into shares of such
companies on their existing terms, with necessary adjustments for the Arrangement based
on the proportionate value of the White Gold District properties.
Additional details regarding the Arrangement and the additional transactions completed
thereunder are set forth in the Company 's management information circular dated June 25, 2018,
a copy of which is available under the Company's profile on SEDAR at www.sedar.com.
ON BEHALF OF THE BOARD
Terrence E. King
Chairman, President and
Chief Executive Officer
For new information from the Company 's programs, please visit Goldstrike 's website at
GoldstrikeResources.com or contact Jeff Stuart of King James Capital Corporation, handling
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Investor Relations for the Goldstrike, by telephone at (604) 210 -2150 or by email a t
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined
in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy
of this release.
Forward-Looking Statements
Statements contained in this news release that are not historical facts are “forward -looking
information” or “forward -looking statements” (collectively, “Forw ard-Looking Information”)
within the meaning of applicable Canadian securities legislation. In certain cases, Forward -
Looking Information can be identified by the use of words and phrases such as “anticipates”,
“expects”, “understanding”, “has agreed to” o r variations of such words and phrases or
statements that certain actions, events or results “would”, “occur” or “be achieved”. Although
Goldstrike has attempted to identify important factors and risks that could affect Goldstrike and
may cause actual acti ons, events or results to differ materially from those described in Forward -
Looking Information, there may be other factors and risks that cause actions, events or results
not to be as anticipated, estimated or intended, including, without limitation: inhe rent risks
involved in the exploration and development of mineral properties; the uncertainties involved in
interpreting drill results and other exploration data; the potential for delays in exploration or
development activities; the geology, grade and con tinuity of mineral deposits; the possibility that
future exploration, development or mining results will not be consistent with Goldstrike’s
expectations; accidents, equipment breakdowns, title and permitting matters; labour disputes or
other unanticipated difficulties with or interruptions in operations; fluctuating metal prices;
unanticipated costs and expenses; uncertainties relating to the availability and costs of financing
needed in the future, including to fund any exploration programs on its project s; that Goldstrike
may not be able to confirm historical exploration results and other risks set forth in Goldstrike's
public filings at www.sedar.com . In making the forward -looking statements in this news release,
Goldstrike has applied several material a ssumptions, including the assumption that general
business and economic conditions will not change in a materially adverse manner. There can be
no assurance that Forward -Looking Information will prove to be accurate, as actual results and
future events cou ld differ materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on Forward -Looking Information. Except as required by
law, Goldstrike does not assume any obligation to release publicly any revisions to F orward-
Looking Information contained in this news release to reflect events or circumstances after the
date hereof or to reflect the occurrence of unanticipated events.